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2 years ago

7

Doing more with less in terms of resources invested in business, and, where possible, controlling the resources without owning t

hem refers to
O a gazelle
b. bootstrapping
O c. corporate refugee.
O d. job security

1 answer:

mixer [17]2 years ago

6 0

The answer is : A . Gazelle

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When the elasticity of demand for a product is __________ the elasticity of supply, consumers pay __________ of the tax on the p

mezya [45]

When the elasticity of demand for a product is smaller than the elasticity of supply, consumers pay majority of the tax on the product.

The way the tax burden is distributed between purchasers and sellers is known as the tax incidence.

The relative price elasticity of supply and demand determines the tax incidence.

Usually, both the producers and the consumers of the taxed goods bear the incidence, or burden, of the tax.

But all we have to do is look at the elasticity of demand and supply to determine which group will be carrying the bulk of the load.

The majority of the tax burden falls on consumers when supply is more elastic than demand.

The majority of the tax burden falls on the producers when demand is more elastic than supply.

The less elastic the demand and supply are, the higher the tax revenue.

Hence, When the elasticity of demand for a product is smaller than the elasticity of supply, consumers pay majority of the tax on the product.

Learn more about elasticity of demand:

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6 0

1 year ago

How do I submit an answer to Brainly?

KiRa [710]

Answer:

You just did-

5 0

2 years ago

Read 2 more answers

A title for goods obtained by a seller through fraud, impersonation, or a dishonored check is referred to as a(n. ________.

Aliun [14]

Answer:

voidable title

Explanation:

A voidable title is considered good and valid title until voided.

For example, I purchase a PS4 from my nephew who is a minor and I sell it to my neighbor, and my neighbor purchased it on good faith. My nephew can decide to void the contract because he was a minor, but since I passed good title to my neighbor while the contract was valid, my neighbor doesn't have to return the PS4.

The difference with a void title is that a void title was never good and valid.

On the other hand, if I had stolen the PS4, I would never have good title over it, and I sell it to my neighbor. The rightful owner of the PS4 can claim it back and my neighbor must return it because the contract was void since I never had good title on the PS4.

3 0

3 years ago

Payroll Taxes Champaign Inc., a company that provides educational consulting services to large universities across the nation, h

HACTEHA [7]

Answer:

Date Account Title Debit Credit

XX-XX Wages Expense $62,000

Federal Income Tax Withholding Payable $7,440

Social Security Taxes Payable (Employee) $3,844

Medicare Taxes Payable (Employee) $ 899

Cash $49,817

<u>Working </u>

Social Security Taxes Payable (Employee) = 6.2% * 62,000 = $3,844

Medicare Taxes Payable (Employee) = 1.45% * 62,000 = $899

Date Account Title Debit Credit

XX-XX Social Security Taxes Expense (Employer) $3,844

Medicare Taxes expense (Employer) $899

State Unemployment tax expense $75

Social Security Taxes Payable (Employer) $3,844

Medicare Taxes Payable (Employer) $899

State Unemployment tax Payable $75

5 0

3 years ago

You recently sold 100 shares of Microsoft stock to your brother at a family reunion. At the reunion your brother gave you a chec

gregori [183]

Answer:

d. This is an example of a direct transfer of capital.

Explanation:

Direct transfer of stocks or securities refers a to situation whereby a seller of securities or stocks sell them to the buyer direct without involving any financial institution. Under this, seller will directly deliver the security certificate to the buyer who will in turn pay the seller in cash or by check immediately.

Therefore, collecting check from your brother for the Microsoft stock and giving your brother the stock certificate is an example of a direct transfer of capital.

3 0

2 years ago